11243 30th Street Ne, Lake Stevens, WA 98258
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: mike novak, rachael novak
Office: real broker llc.
MLS#:2572714
Source:NWMLS
11243 30th Street Ne,Lake Stevens, WA 98258
$999,900
- - Beds
- - Baths
- 3,012 sq. ft.
- Multi-family
- Active
Price summary
- Price:$999,900
- Price per sq. ft.:$331.97
About this home
Hard-to-find, leased duplex offering immediate income and strong investment potential! Gross annual income of $59,940 with taxes/insurance of $10,331 produces an NOI of $49,609 and approx. 4.9% CAP at $999K. Current rents are $2,400 & $2,595/mo, with PM-projected market rents of $2,895/unit, offering potential for approx. 5.8% CAP at market rents. Tenants pay all utilities. Each spacious unit features 3 beds, 2.5 baths, bonus room, large dining area, gas fireplace, gas cooking/heat, 2-car garage PLUS abundant additional parking and enormous, level, fully fenced private yards—a standout feature for tenants. HardiePlank siding and fresh exterior paint. Unit A offers bamboo flooring & SS appliances; Unit B features LVP, white appliances & new cooktop. Located in the highly desirable Lake Stevens School District, walking distance to the high school and convenient to Hwy 9. Generous floorplans provide the space and functionality renters seek, while individual garages, extensive off-street parking and expansive fenced outdoor spaces help set this property apart from typical multifamily offerings. Established tenancy provides income from the start, while projected market rents offer additional upside for the future. An appealing combination of location, livability, rental demand and income potential makes this a compelling opportunity to acquire an established investment property in a sought-after Lake Stevens community....
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Home facts
- Year built:2010
- Subdivision & Development:Lake Stevens
- Listing ID #:2572714
- Updated:September 23, 2026 at 12:27 AM
Rooms and interior
- Flooring:Bamboo, Carpet, Ceramic Tile Floor, Vinyl Plank
- Living area:3,012 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2010
- Building area:3,012 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Curbed Lot, Paved
- Construction Materials:Cement Planked, Wood Exterior Finish
- Exterior Features:Fenced-Fully, Patio
Schools
- High school:Lake Stevens Snr Hig
- Middle school:North Lake Mid
- Elementary school:Highland Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$999,900
- Price per sq. ft.:$331.97
- Tax amount:$8,459 (2026)
Features and amenities
- Amenities:Cable TV, Gas Available, High Speed Internet
Parking
- Total parking spaces:10
- Garage:Yes
- Garage spaces:4
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